2024-03-22 22:10:56
Dubai’s real estate market is witnessing exceptional growth, with property prices reaching an all-time high of AED 1,284 per square foot in January 2024, and shows no signs of slowing down.
D&B Properties attributed the state of prosperity to several factors, the most important of which are: the growing confidence of investors in Dubai’s strong economy and its strategic location, the lasting positive impact of Expo 2020 Dubai on economic growth and the real estate sector, and the limited supply of luxury real estate in key locations compared to the increasing demand.
The off-plan real estate market offers investors a unique opportunity to benefit from this growth, as they can purchase properties at prices lower than completed projects.
The advantages of off-plan investment include a less expensive entry point, as off-plan real estate provides investors with the opportunity to enter the market at a more appropriate price, in addition to flexible payment plans, as many developers offer flexible payment plans to distribute the investment cost over stages, and as the property approaches… With completion and high market value, investors can expect to make significant returns on their investment.
Suleiman Hossam El-Din, Director of Digital Marketing at D&B Properties, points out that “the current rise in the real estate market in Dubai presents an exceptional opportunity for investors, as the market continues to flourish, off-plan investments provide a strategic advantage, through the possibility of achieving returns.” big”.
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